business cycle

noun [C] (also economic cycle, also trade cycle)

Definition

› ECONOMICS, FINANCE a period during which a country's economy goes from growth to recession (= a time when business conditions are bad) and back to growth: The typical business cycle is three to five years. We hope to maintain a budget surplus right through the present downturn in the business cycle.

(Definition of business cycle noun from the Cambridge Business English Dictionary © Cambridge University Press)

Focus on the pronunciation of business cycle